Latest news
Gazprom Neft brings two more wells online at Prirazlomnoye oil field
Gazprom Neft subsidiary Gazpromneft-Shelf has launched production at two new production wells at its Arctic oil field Prirazlomnoye field, increasing the total number of well to six.
read more... 24/01/2017
Norway will increase gas production capacity, envisages Arctic pipeline
Norway intends to raise its gas production capacity and is assessing the potential for constructing a pipeline from the Barents Sea to satisfy future demand in Europe, according to its gas system operator Gassco on Tuesday.
read more... 06/04/2016
Gazprom saw a record oil production of 10 million barrels at Prirazlomnoye field, in Arctic north
Russian giant Gazprom saw a milestone production at its Arctic Prirazlomnoye field in the Pechora Sea, 60 km offshore Russia with its 10 millionth barrel of oil.
read more... 23/03/2016
Shell to put another costly project to the sword as oil price crashes
The oil major Royal Dutch Shell said it would axe another costly oil project, just weeks after it suddenly abandoned a $7 billion drilling venture in the Arctic.
read more... 03/11/2015
Eni gets the go-ahead to prolong use of service rig on Arctic field
Italian oil giant Eni got the green light from Norway's Petroleum Safety Authority (PSA) to extend the use of the Floatel Superior, an accommodation and construction support vessel, on the Goliat field, in the Barents Sea.
read more... 08/10/2015